News and Announcements icon

Dynamics 365 CommunityForums Business Central forum How to handle fees lik...

Business Central forum

Suggested answer

How to handle fees like credit card fees payment when processing payment to the vendor

(0) Share

Report

Report

Posted on by Imari

148

Hi.

How do we post the payment for a vendor invoice with a credit card fee to be added? The invoice is already a posted purchase invoice but payment has not yet been posted.

Categories:

Financial Management

All responses Img

All responses (2)

Answers Img

Answers (0)

Suggested answer

KasparsSemjonovs 3,649 Super User 2024 Season 2 on at

Like (0)

Report

How to handle fees like credit card fees payment when processing payment to the vendor

Usually in such cases just the Invoice amount of payment is created, exported to the bank and posted.
After that You import Bank Statement where these additional fees will be seen, and those are registered separately to the GL account for Bank commisions.

If you don't import the bank statements, then ZHU's suggested way can be used.
Suggested answer

YUN ZHU 68,083 Super User 2024 Season 2 on at

Like (0)

Report

How to handle fees like credit card fees payment when processing payment to the vendor

Just a thought, sorry I'm not a professional accountant.

First, the payment amount needs to be equal to the invoice amount, otherwise the balance may not be 0 when applying.

As for the credit card fee, you can post it directly to an GL account.

Hope this helps.

Thanks.

ZHU

Helpful resources

News and Announcements

New Dynamics 365 Community Call! (ERP Edition)

Quick Links

Leaderboard

#1

André Arnaud de Cal... 290,107 Super User 2024 Season 2

#2

Martin Dráb 227,969 Super User 2024 Season 2

#3

nmaenpaa 101,148

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans